Vaults are OptyFi smart contracts into which users deposit assets so that these assets can be deployed into strategies. Vaults enable users to share gas costs and afford more frequent strategy switching.
Each vault has an underlying token (i.e. the token users would deposit into the vault) and enforces constraints that determine which strategies the Vault can execute.
OptyFi features two types of Vaults:
- 1.User Vaults (aka Protocol Vaults): These are Vaults with preset configuration that any user can deposit into. The configuration and risk profile of User Vaults is determined by OptyFi protocol governance.
- 2.Partner Vaults (aka Custom Vaults): These Vaults are owned and configured by large account holders such as DAO treasuries or crypto funds. Partner Vaults allow for flexible configuration allowing the owner to fine tune which strategies can or cannot be executed by the Vault. (Note: Partner Vaults will be available in OptyFi V2).